The New Qualcomm - write what you like thread. Message Board

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Pastimes : The New Qualcomm - write what you like thread.

QCOM 173.20

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3:22 PM EST

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To: SpudFarmer who wrote (1523)	3/9/2000 10:04:00 AM
From: Jon Koplik	Read Replies (1) of 12231

Re : trading halts -- the theory is ... a longer than normal time period is necessary to match buy and sell orders to a point where the bid/ask spread is reasonably narrow. (You probably already know this ...). If PG had started trading one second after the news on lousy earnings forecasted had been announced, the best bid/ask available might have some (absurd) quote like : $20 bid, $80 ask. Jon.

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